American Airlines Group Inc. announced traffic results for the month of December 2016. For the month, the company reported total revenue passenger miles of 18.2 billion, down 0.8% versus December 2015. Total capacity was 22.6 billion available seat miles (ASMs), up 0.5% versus December 2015. Total passenger load factor was 80.6%, down 1.0 percentage point versus December 2015.

For the fourth quarter of 2016, the company continues to expect total revenue per available seat mile (TRASM) to be flat to up 2% year-over-year. In addition, the company expects its fourth quarter pre-tax margin excluding special items to be between 7% and 9%. TRASM has improved from prior guidance of between down 1% and up 1% and pre-tax margin has improved from prior guidance of 6% to 8% due primarily to improving yields.